EBM DATA ANALYSIS WITH FINDAP

In Rwanda, use of Electronic Billing Machine (EBM) is mandatory for all businesses.

As a key source of financial data, EBM invoicing system is used to:

• justify SALES:
• justify LOCAL PURCHASES: products and/or services bought from local suppliers
• manage INVENTORY: the tax administration (RRA-Rwanda Revenue Authority) relies on EBM system to monitor not only taxes like VAT, but also movements and balances of stock for different items bought/sold by the company

EBM system is a KEY OFFICIAL sourceof business/commercial data for not only the Tax administration, but also for company's INVESTORS.
Regular Analysis of EBM data allows investors to monitor the inventory of the company which they have invested in as well as the appreaciation & monitoring of the tax risk

FINDAP provides:

• METHODOLOGICAL APPROACH in combination with
• AUTOMATED TOOLS that help to make
• EFFICIENT REGULAR FINANCIAL ANALYSIS of EBM data for a given company

INVESTORS (Shareholders, lenders, other providers of company's financing) are given a better way to monitor easily on a regular basis (daily, weekly, monthly, quaterly, etc) the company's commercial activity and its tax risk.
This allows them to intervene on time whenever necessary and contributes to a significant reduction of risk for investors.